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$PXD 2Q15 Q&A: Leggate of BofA asked about spending. Rich replied almost all of our peers are 2-4x debt to cash flow & we’re a little over 1, so we’ve more firepower than them. We have better hedge book & cash on the balance sheet. So we're going to use that cash and balance sheet somewhat to a point going into 2016. So we have lots of flexibility.
$WBA is yet to receive US anti-trust clearance for its Rite Aid acquisition. The deadline for the deal expires on January 27.
$BMY plunge 7.2%. No credits to the non-acceleration of approval for lung cancer combination treatment.
Well this is big! I don’t know if it’s someone’s monopoly or genuine excitement, but either way, $CSX is up 23% after market closed. I heard some activist investor is going to blow big money into CSX Corp. Anyone mind explaining?